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Baneasa Investments to step into the black in one year
Baneasa Investments, the developer of Baneasa project of northern Bucharest, which entails investments of almost 2 billion euros, is going to turn into the black next year, according to the...
Tnuva to spend several million euros on promoting Yoplait yoghurt
Tnuva Romania dairy producer, which has built a plant in Popesti-Leordeni near Bucharest, will invest several million euros in an integrated communication campaign dedicated to the Yoplait y...
Copper Beech spends 2.5 euros to build 16,000 homes
Copper Beech group, controlled by British investors, will invest around 800 million euros in the development of a large real estate complex in the North of Bucharest, which will include 1,80...
Hungary's biggest book retailer set to arrive in Romania
Libri, Hungary's largest book retailer with a turnover worth 34m euros is set to enter the domestic market next month, when it will launch its first store in Cluj, within the Polus Center sh...
Lipoplast increases turnover estimates to 7.5m euros
Timisoara-based Lipoplast, a glass producer, processor and maker of PVC trim, has generated a turnover worth around 3.4m euros in the first half of this year, up 45% against the same period...
ING: The NBR will continue to act for RON depreciation
The NBR will try to avoid a "sudden" exchange rate correction and will continue to act for a smooth decline of the RON through indirect moves on the interbank market, explains Ciprian Dascal...
75 banks and 135 insurers from Europe to challenge domestic market
The number of foreign banks that want to provide direct services on the Romanian market reached 75 at the end of August, according to the NBR data, while 135 foreign insurers have also voice...
OTP prepares to launch Strateg voluntary pension fund
Insurance company OTP Garancia is preparing to launch a sales campaign for its voluntary private pension fund (pillar III), OTP Strateg, the company's representatives told ZF. The fund will...
Petrom could pay ?300m to get Petromservice back
Petrom, the biggest Romanian company, has confirmed recent information that it may acquire Petromservice, the biggest supplier of services and equipment for the oil and gas industry. Accordi...